FOR IMMEDIATE RELEASE
2010-77

Washington, D.C., May 13, 2010 — The Securities and Exchange Commission’s Investor Advisory Committee today announced the agenda for its public meeting to be held on May 17, 2010. The Committee was formed by the SEC in 2009 to advise the Commission as to its regulatory priorities.

Dan Ariely, an expert on behavioral economics and author of Predictably Irrational, will discuss his work with regard to factors that influence investor decision-making. The Committee will also hear from a panel of experts on the topic of mandatory arbitration provisions in customer agreements with brokers. The panel will consist of Linda Fienberg of FINRA, Patricia Cowart of Wells Fargo Corp., Jennifer Johnson of Lewis & Clark Law School, and Barbara Black of the University of Cincinnati College of Law. Other issues to be discussed include the fiduciary responsibility of investment professionals (including advisers and brokers), money market fund “net asset value” calculation, and the potential use of public service announcements to provide investor information. The Committee’s subcommittees will also report on the status of their activity, including analysis of potential disclosure regarding environmental, social and governance issues.

The meeting at the SEC headquarters building at 100 F Street, N.E., Washington, D.C., will be open to the public with seating on a first-come, first-served basis. The meeting also will be webcast on the SEC’s website.

For additional information about the meeting, contact the SEC’s Office of Public Affairs at (202) 551-4120.